Reconciliation & Proofing Intermediate Analyst

Aplaro Ltd; Hyderabad; On-site; INR 700,000 - 1,100,000; Full time

Benefits offered by this job

Health benefits

Learning and development

Work-life balance

Parental leave

Job summary

Citi is seeking a high-caliber professional for the role of Officer, Reconciliation & Proofing Intermediate Analyst-C11 - Hybrid, based in Chennai, India. The role involves daily GL reconciliation, preparing reconciliation packages, and resolving accounting exceptions to support accurate financial reporting.

You will work with a team to analyze issues, improve processes, and ensure compliance with accounting principles, while collaborating with management and business partners across Citi's

Qualifications

• 2-5 years of accounting experience (financial services a plus).
• Knowledge of US GAAP and other bases of accounting.
• Excellent quantitative, analytical, and problem solving skills.
• CPA or commensurate local accreditation.

Responsibilities

• Daily reconciliation of general ledger balances to the sub-ledger.
• Preparation of reconciliation package.
• Identify and clear accounting exceptions and mismatched items.
• Analyze recurring issues and assist in developing process improvements.
• Monitor status of aged breaks on balance sheet accounts.
• Apply proper accounting principles to reconciliations.
• Communicate with team members, management and business partners.
• Respond to Balance Sheet Substantiation requests for information.
• Participate in and/or lead projects as assigned.

Skills

General Ledger

Analytical Skills

Communication

Attention to Detail

Education

Bachelor’s degree

CPA or equivalent

Tools

Excel

ERP systems

Job description

At Citi , we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or institutions – to help them meet their biggest opportunities and face the world's toughest challenges.

Shape your Career with Citi Citibank serves as a trusted advisor to our retail, mortgage, small business and wealth management clients at every stage of their financial journey. Through Citi's Access Account, Basic Banking, Citi Priority, Citigold and Citigold Private Client, we offer an array of products, services and digital capabilities to clients across the full spectrum of consumer banking needs worldwide.

We’re currently looking for a high caliber professional to join our team as Officer, Reconciliation & Proofing Intermediate Analyst-C11 - Hybrid (Internal Job Title Reconciliation and Proofing - C11) based in Chennai , India . Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance: Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country. (Optional) We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world. Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses. We have a variety of programs that help employees balance their work and life. The Rec & Proofing Intmd Analyst is a developing professional role. Deals with most problems independently and has some latitude to solve complex problems. Integrates in-depth specialty area knowledge with a solid understanding of industry standards and practices. Good understanding of how the team and area integrate with others in accomplishing the objectives of the sub function/ job family. Applies analytical thinking and knowledge of data analysis tools and methodologies. Requires attention to detail when making judgments and recommendations based on the analysis of factual information. Typically deals with variable issues with potentially broader business impact. Applies professional judgment when interpreting data and results. Breaks down information in a systematic and communicable manner. Developed communication and diplomacy skills are required in order to exchange potentially complex/sensitive information. Moderate but direct impact through close contact with the businesses' core activities. Quality and timeliness of service provided will affect the effectiveness of own team and other closely related teams.

Key Responsibilities

• Daily reconciliation of general ledger balances to the sub-ledger
• Preparation of reconciliation package
• Identify and clear accounting exceptions and mismatched items
• Analyze reoccurring issues and assist in developing process improvements
• Monitoring status of aged breaks on balance sheet accounts
• Exercise sound judgement regarding the proper application of accounting principles to reconciliations
• Effectively communicate with team members, management and business partners
• Respond to Balance Sheet Substantiation team requests for information
• Ensure financial reporting deadlines are metParticipate in and/or lead projects as assigned.

Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications

• 2-5 years relevant experience in accounting (experience in the financial services sector a plus)
• Knowledge of US Generally Accepted Accounting Principles and other comprehensive basis of accounting
• Excellent quantitative, analytical, and problem solving skills
• CPA or commensurate local accreditation
• Bachelor’s/University degree or equivalent experience

Benefits

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more.
• Coverage varies by country. (Optional) We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
• We have a variety of programs that help employees balance their work and life.

Company Culture

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.